COMPASS Pathways (CMPS) Operating Expenses (2021 - 2026)
COMPASS Pathways (CMPS) reported Operating Expenses of $42.9 million for Q1 2026, down 13.53% year-over-year from $49.6 million in Q1 2025, and down 6.63% quarter-over-quarter from $46.0 million in Q4 2025.
COMPASS Pathways (CMPS) Operating Expenses (2021 - 2026) Analysis & Trends
COMPASS Pathways (CMPS) has 6 years of Operating Expenses data on file, last reported at $42.9 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $42.9 million, down 13.53% year-over-year; the trailing twelve-month figure through Mar 2026 was $172.3 million (down 8.94% YoY), and the FY2025 annual result was $179.0 million, changed 0.47% from the prior year.
- Operating Expenses fell to $42.9 million in Q1 2026 per CMPS's latest filing, from $46.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $49.6 million in Q1 2025 and troughed at $25.4 million in Q1 2022.
- A 5-year average of $38.1 million and a median of $38.6 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 86.88% in 2022, then declined 15.37% in 2025.
- A 5-year view of Operating Expenses shows it stood at $32.2 million in 2022, then advanced by 19.3% to $38.4 million in 2023, then advanced by 26.06% to $48.4 million in 2024, then slipped by 5.09% to $46.0 million in 2025, then declined by 6.63% to $42.9 million in 2026.
- Business Quant data shows CMPS's Operating Expenses at $42.9 million in Q1 2026, $46.0 million in Q4 2025, and $40.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 16.82 Bn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 27.00 Mn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 2.93 Bn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 1.29 Bn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 1.26 Bn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 3.99 Bn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 820.65 Mn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 572.94 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 1.30 Bn |
| 10 | COMPASS Pathways | 1.38 Bn | 1.38 Bn | - | 42.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.90 Mn |
| Dec 31, 2025 | 45.95 Mn |
| Sep 30, 2025 | 40.54 Mn |
| Jun 30, 2025 | 42.93 Mn |
| Mar 31, 2025 | 49.62 Mn |
| Dec 31, 2024 | 48.41 Mn |
| Sep 30, 2024 | 47.90 Mn |
| Jun 30, 2024 | 43.32 Mn |
| Mar 31, 2024 | 38.57 Mn |
| Dec 31, 2023 | 38.41 Mn |
| Sep 30, 2023 | 34.06 Mn |
| Jun 30, 2023 | 32.66 Mn |
| Mar 31, 2023 | 31.79 Mn |
| Dec 31, 2022 | 32.19 Mn |
| Sep 30, 2022 | 25.54 Mn |
| Jun 30, 2022 | 27.26 Mn |
| Mar 31, 2022 | 25.42 Mn |
| Dec 31, 2021 | 28.32 Mn |
| Sep 30, 2021 | 21.77 Mn |
| Jun 30, 2021 | 19.53 Mn |